Frontline (FRO) Depreciation and Depletion (2022 - 2024)
Frontline's (FRO) quarterly Depreciation and Depletion came in at $83.1 million in Q4 2024, up 38.54% on a YoY basis from $60.0 million in Q1 2024, and down 1.2% quarter-over-quarter from $84.2 million in Q3 2024.
Analysis
Frontline (FRO) Depreciation and Depletion (2022 - 2024) Analysis & Trends
Frontline (FRO) has reported Depreciation and Depletion for 3 consecutive years, with $83.1 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Depreciation and Depletion rose 38.54% year-over-year to $83.1 million; the trailing twelve-month figure through Dec 2024 stood at $339.0 million (up 46.8% YoY), and the FY2025 full-year result was $328.5 million, down 3.12% from the prior year.
- Depreciation and Depletion slipped to $83.1 million in Q4 2024 per FRO's latest filing, from $84.2 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $88.0 million in Q1 2024 and bottomed at $39.8 million in Q2 2022.
- Historically, Depreciation and Depletion has averaged $61.3 million across 3 years, with a median of $57.7 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Depreciation and Depletion soared 35.66% in 2023, then soared 58.45% in 2024.
- Over 3 years, Depreciation and Depletion stood at $42.9 million in 2022, then surged by 39.96% to $60.0 million in 2023, then surged by 38.54% to $83.1 million in 2024.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $83.1 million, $84.2 million, and $83.7 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 83.15 Mn |
| Sep 30, 2024 | 84.16 Mn |
| Jun 30, 2024 | 83.71 Mn |
| Mar 31, 2024 | 88.01 Mn |
| Dec 31, 2023 | 60.02 Mn |
| Sep 30, 2023 | 58.28 Mn |
| Jun 30, 2023 | 57.10 Mn |
| Mar 31, 2023 | 55.55 Mn |
| Dec 31, 2022 | 42.88 Mn |
| Sep 30, 2022 | 41.51 Mn |
| Jun 30, 2022 | 39.84 Mn |
| Mar 31, 2022 | 40.95 Mn |